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PERSPECTIVES ON LIFE AFTER MCAFEE
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On March 8 , 2021 , McAfee issued a press release announcing the sale of its enterprise business and plans to focus exclusively on the consumer security market .
The news was not entirely unexpected . Many large clients had become increasingly disenchanted with the firm ’ s ‘ security supermarket ’ approach to cyber-risk management , and the resulting costs and complexities of having to manage and upgrade multiple incompatible toolkits .
The initial industry reactions to the news were mixed . According to Richard Stiennon , chief research analyst at IT-Harvest , “ This is more shuffling of the chairs on the deck of the Titanic . McAfee keeps getting passed around even while its valuation diminishes .”
McAfee had also stumbled in its efforts to update its legacy AV technologies and meet customer demands for effective endpoint detection and response solutions .
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